u/Accomplished_Mall120

Webacy’s Depeg Monitor

Has anyone here used Webacy’s Depeg Monitor or any similar stablecoin depeg warning tools (for USDC, USDT, or DAI)?

Are they actually reliable? Do they give useful warnings before a depeg, or mostly react after it starts?

I am looking to make a depeg safety layer to my algorithm, where it will immediately stop all actions and have some safety measures when it get a signal of a possible depeg.

Any answer or help is appreciated, thank you!

reddit.com
u/Accomplished_Mall120 — 3 days ago
▲ 2 r/defi

Anyone uses Webacy Depeg Monitor?

Has anyone here used Webacy’s Depeg Monitor or any similar stablecoin depeg warning tools (for USDC, USDT, or DAI)?

Are they actually reliable? Do they give useful warnings before a depeg, or mostly react after it starts?

I am looking to make a depeg safety layer to my algorithm, where it will immediately stop all actions and have some safety measures when it get a signal of a possible depeg.

reddit.com
u/Accomplished_Mall120 — 3 days ago
▲ 7 r/aave+1 crossposts

Why do people supply in protocols like AAVE?

Do most people just put hundreds of thousands or millions of dollars as collateral for the sole reason of gaining 2-3% from APY?

I am asking, because, if that's why a lot of people use it, then I am thinking of finding an "investor" who would credit delegate me on AAVE v3 (with very strict rules of course, and only USDC/USDT) because I have made an algorithm that would leverage this to make 15-20% instead (with very minimal risks).

Any answers or help would be appreciated, thanks!

reddit.com
u/Accomplished_Mall120 — 11 days ago